KINGS OF ELYMAIS. Phraates, early-mid 2nd century AD. Drachm (Bronze, 15 mm, 3.65 g, 11 h). Diademed and draped bust of Phraates to left, wearing tiara decorated with pellet-in-crescent; to right, pellet-in-crescent above inverted anchor with single crossbar. Rev. Series of dashes in regular pattern. Van't Haaff Type 14.7.2-1c. Very fine.

From the collection of Dr. Max Blaschegg (1930-2021, with collector’s ticket), privately acquired at the Oerlikon Christmas Market on 10 December 1999.